Is an investment property something you should consider?

Is an investment property something you should consider?

Are you looking to invest in property to rent? Two items to consider. 1. It is important to look at the real estate data to maximize your portfolio and 2. Who will be handling the property and its residents?  

What we know to date is the demand for single-family rental homes is certainly high right now and while every investor’s situation is different, one should find answers to questions about investment properties by looking at the key data that is coming out on the market.
 
As rents continue to rise, the demand for single-family rental homes shows no signs of weakening. As more investors recognize the benefits of owning single-family rentals, the market will only become more competitive in the future. Single-family rental homes are the most sought-after property types as renters are looking to rent homes with space, perhaps due to our recent pandemic where many are working from home. 

If, after looking over the data and you’ve decided a rental investment is in your future, Congratulation’s step 1 is done. Step 2 is to consider if you will be a do-it-yourself landlord and handle the A-to-Z items for your residents and property, or will you hire a property management company to supply you with the expertise and resources that only a professional property manager can offer.  

Perhaps you don’t know what a property management company can do for you, or even what it will cost. Of course, every property management company is different and their cost and experience are not the same. Arguably the most beneficial reason to hire a property management company is the freedom to enjoy your life, take that vacation anytime. We know life is too short to not enjoy the time you have. Let Ultimate Property Management work for you so you can enjoy life.

We would be happy to discuss what we can do for you, your investment, and your tenants over coffee, over the phone, or a zoom chat. 

The more you know about your customers, the more you can provide to them information that is increasingly useful, relevant, and persuasive. – Jay Baer

Price is what you pay. Value is what you get. – Warren Buffett

Time is more valuable than money. You can get more money, but you cannot get more time. – Jim Rohn

Don’t wait to buy real estate, buy real estate and wait. – T. Harv Eker

The major fortunes in America have been made in land. – John D. Rockefeller

We are the "Ultimate" in property management and would be pleased to have the opportunity to work with you and exceed your expectations! 

Phone: (805) 324.4801
After Hours Emergency Phone: (805) 618.5226
Email: [email protected]

This article is not intended to be exhaustive or a substitute for qualified legal advice. Laws and statutes are always subject to change and may vary by county or city. You are responsible for performing your research and complying with all laws applicable to your unique situation.